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Government, Business

ALK to Offer Web Link With PC Miler Program

PRINCETON, N.J. — ALK Technologies will add a Web-based version of its PC Miler mapping and routing software to the company’s family of truck navigation products this year, ALK’s chief technology officer said.

April 28, 2008
Business, Safety, Government

Illinois Highway Construction Fatalities Decline

The Illinois Department of Transportation said the number of highway construction work zone fatalities in the state has fallen by more than half in the past four years, the Associated Press reported.

April 28, 2008
Government, Business, Fuel

Oil Hits Record Near $120 a Barrel

Edouard Gluck/Blooomberg News

Crude oil prices hit an all-time record in Monday, hitting $119.93 a barrel in pre-market electronic trading on the New York Mercantile Exchange, the Associated Press reported.

April 28, 2008
Fuel, Business, Safety, Government

ATA Officer Calls for Oil Release From SPR

WASHINGTON — The government should not only stop filling the Strategic Petroleum Reserve, but also consider releasing oil to help lower the price of diesel fuel, Dave Berry, chairman of the American Trucking Associations’ environmental and energy policy committee, told Congress last week.

Eric Miller | Senior Reporter
April 28, 2008
Business, Fuel, Government

Truckload Carriers Trim Fleets as Freight Declines, Fuel Rises

Truckload carriers are slashing capacity at the highest rate in a decade in an effort to bring supply and demand into balance as fuel prices skyrocket and demand withers, according to industry experts.

April 28, 2008
Business, Fuel, Equipment, Government

Used Truck Prices Buoyed by Rising Foreign Demand

An unprecedented wave of exports, mostly to Russia, has cushioned a downturn in the Class 8 used-truck business, which has been hurt by high fuel prices and a weak freight market, according to industry executives.

April 28, 2008
Fuel, Business, Government

Diesel, Gas Set Records

U.S. retail fuel prices continued to soar into uncharted territory last week, as the average price of diesel jumped another 8.4 cents to $4.143 a gallon and gasoline gained 11.9 cents to $3.508, the Department of Energy reported.

April 28, 2008
Business, Government

New Home Sales Plunge to 17-Year Low

New home sales fell to a 17-year low in March, the Commerce Department said Thursday.

April 24, 2008
Business, Safety, Government

Durable Goods Orders Fall in March

Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.

April 24, 2008
Business, Safety, Government

Knight Reports Lower 1Q Earnings

Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.

April 23, 2008